2. The fund manager may put two parts together, one is public offering and the other is private offering. The income of overseas private equity fund managers is linked to their performance, and directly depends on the commission. For Public Offering of Fund, the structure is similar to that of China, but there is little difference. Managers in Public Offering of Fund earn a million dollars a year, and private placement may get 500 million yuan or 10 billion a year, while managers in Public Offering of Fund earn millions a year. It is related to the mechanism of issuing funds in China. Now it's a batch of one, so after getting this right, I will try my best to market it, make this share bigger by this publicity, and win the subscription of the people with my performance. The threshold for overseas funds is very low, such as funds of the Standard & Poor's 500.